Honda Reports Steep Decline in Net Profit for April-June Quarter Amid US Tariffs - Smart Car

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Honda Reports Steep Decline in Net Profit for April-June Quarter Amid US Tariffs

2 week ago / Read about 0 minute

Author：小编

Honda Motor Co. released its financial report, revealing a dramatic year-over-year drop of over 50% in net profit for the second quarter of this year, totaling 196.6 billion yen. This steep decline is attributed to the adverse effects of US tariff policies. In response, Honda has urged the Japanese government to expedite the clarification of tariff policy details.

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